San Miguel (Argentina) Probability of Future Stock Price Finishing Over 890.0
| SAMI Stock | ARS 1,405 115.00 8.91% |
San |
San Miguel Target Price Odds to finish over 890.0
The tendency of San Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above 890.00 in 90 days |
| 1,405 | 90 days | 890.00 | about 78.18 |
Based on a normal probability distribution, the odds of San Miguel to stay above 890.00 in 90 days from now is about 78.18 (This San Miguel AG probability density function shows the probability of San Stock to fall within a particular range of prices over 90 days) . Probability of San Miguel AG price to stay between 890.00 and its current price of 1405.0 at the end of the 90-day period is about 76.86 .
Assuming the 90 days trading horizon San Miguel AG has a beta of -0.54. This usually implies as returns on the benchmark increase, returns on holding San Miguel are expected to decrease at a much lower rate. During a bear market, however, San Miguel AG is likely to outperform the market. Additionally San Miguel AG has an alpha of 0.9626, implying that it can generate a 0.96 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). San Miguel Price Density |
| Price |
Predictive Modules for San Miguel
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as San Miguel AG. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.San Miguel Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. San Miguel is not an exception. The market had few large corrections towards the San Miguel's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold San Miguel AG, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of San Miguel within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.96 | |
β | Beta against Dow Jones | -0.54 | |
σ | Overall volatility | 171.66 | |
Ir | Information ratio | 0.27 |
San Miguel Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of San Miguel for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for San Miguel AG can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| San Miguel AG has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 22.86 B. Net Loss for the year was (4.21 B) with profit before overhead, payroll, taxes, and interest of 2.61 B. | |
| San Miguel AG has accumulated about 430.62 M in cash with (1.07 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.61. |
San Miguel Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of San Stock often depends not only on the future outlook of the current and potential San Miguel's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. San Miguel's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 711.5 M |
San Miguel Technical Analysis
San Miguel's future price can be derived by breaking down and analyzing its technical indicators over time. San Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of San Miguel AG. In general, you should focus on analyzing San Stock price patterns and their correlations with different microeconomic environments and drivers.
San Miguel Predictive Forecast Models
San Miguel's time-series forecasting models is one of many San Miguel's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary San Miguel's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about San Miguel AG
Checking the ongoing alerts about San Miguel for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for San Miguel AG help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| San Miguel AG has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 22.86 B. Net Loss for the year was (4.21 B) with profit before overhead, payroll, taxes, and interest of 2.61 B. | |
| San Miguel AG has accumulated about 430.62 M in cash with (1.07 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.61. |
Other Information on Investing in San Stock
San Miguel financial ratios help investors to determine whether San Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in San with respect to the benefits of owning San Miguel security.